(Markets Edition) Now that the Senate has passed its version of the tax bill, a new process begins: combining the two bills so Trump can sign it into law. On today's show, we'll preview what's set to be a complicated week ahead for tax policy. Afterwards, we'll chat with economist Julia Coronado about how the markets have been reacting to the Senate's passage of the measure. Hint: They're thrilled. Then to cap off today's show, we'll discuss Trump's plan to significantly shrink Bears Ears National Monument in Utah. That has some groups worried that energy companies will try to move in.
(U.S. Edition) CVS is purchasing Aetna in a $69 billion merger that could completely alter the health industry. What does each want from the other? Erik Gordon, a professor at the University of Michigan, explains what these companies are getting out of this deal. Afterwards, we'll look at the Treasury's decision to phase out myRA, an Obama-era program that allowed people without access to retirement accounts to set up their own with the government. Andrei Cherney — cofounder of Aspiration, a private online bank — explains why he thinks the program was an example of government inefficiency.
(Global Edition) From the BBC World Service...A big lunch in Brussels: U.K. Prime Minister Theresa May meets with two key EU leaders to see if her country’s made enough progress to get Brexit to its next crucial step. Afterwards, we’ll take a look at an extradition hearing for India’s liquor and airline baron, Vijay Mallya, known for his gold watches, calendar girls and poolside parties. Then, a conversation about why there’s little economic incentive to give up conflict, which escalated over the weekend, in Yemen.
(Markets Edition) Amid all this discussion about taxes, what does the Federal Reserve think? Christopher Low, chief economist at FTN Financial, joined us to discuss how they might react to a growth in GDP from the overhaul like Republicans are hoping. Afterwards, we'll discuss the Department of Education's plan to give the Free Application for Federal Student Aid (FAFSA) a tech makeover by making a mobile app for it. Plus: We'll look at whether the ultra-discount retailer Big Lots has what it takes to keep up with other discounters like Walmart and Dollar General.
(U.S. Edition) The GOP tax overhaul could add more than $1 trillion to the deficit over the next decade, according to an analysis from the Joint Committee on Taxation, and that has Republicans concerned. On today's show, we'll take a look at what this means for the bill's future, and what Senate leaders are doing to gain more votes. Afterwards, we'll chat with Nobel Prize-winning economist Joseph Stiglitz about the link between globalization and inequality.
(Global Edition) From the BBC World Service … The Nobel Prize-winning economist Joseph Stiglitz warns the U.K. not to trust Donald Trump when it comes to making any kind of post-Brexit trade deal. Afterwards, Tesla heralds a breakthrough in green energy technology as it fires up the world’s largest battery in South Australia. Then, we hear how India has to create millions of new jobs each month to try and absorb the young and unemployed.